Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Traders win relief as the cargo benchmark is cut to Ksh2 million. New rules aim to ease cargo clearance while improving compliance. Lower rail charges are set to reduce import costs. President William Ruto has directed the Kenya Revenue Authority (KRA) to lower the customs benchmark for general consolidated cargo to Ksh2 million, following talks…
Government suppliers must now meet eTIMS requirements before seeking payment. KRA will electronically validate supplier invoices submitted through IFMIS. The integration aims to improve tax compliance and transparency in government payments. Government suppliers in Kenya will now have to ensure their invoices meet Kenya Revenue Authority (KRA) eTIMS requirements before they can be submitted for…
Google to deduct 5 per cent tax from Kenyan YouTube earnings. Creators must submit KRA PINs by October 1. The move sparks debate over support for digital entrepreneurs. Kenyan YouTubers face a new 5 per cent tax withholding on YouTube earnings as Google moves to enforce Kenya’s digital tax rules starting September 2026. Kenyan YouTubers…
Small traders halt cargo clearance over higher KRA charges Importers warn rising costs could squeeze already thin profit margins Traders threaten nationwide protests if KRA does not review the charges Small-scale importers and micro-enterprises have suspended cargo clearance in protest against increased taxes, levies and administrative charges imposed after the expiry of a relief period…
MSME Alliance has opposed KRA’s proposed increase in the consolidated cargo customs benchmark from Ksh2.5 million to Ksh3.2 million. The alliance says the 28 per cent increase would raise import costs, squeeze working capital and threaten the survival of small businesses. It wants KRA to retain the Ksh2.5 million benchmark and consult traders before making…
KRA Customs collected a record Ksh92.53 billion in July 2026, exceeding the Treasury target by Ksh6.37 billion. Non oil revenue hit a record Ksh61.50 billion, supported by stronger compliance, technology and improved cargo management. The July performance marked a 15.3 per cent increase from Ksh80.29 billion collected in July 2025. Kenya Revenue Authority (KRA) Customs…
Sugar millers want tighter controls on raw sugar imports to protect local producers. They urged enforcement of the Sugar Act, 2024 and Kenya Revenue Authority (KRA) rules to stop raw sugar reaching consumers. They warned excess imports are hurting local millers, jobs and tax revenue. Sugar industry stakeholders have urged the national government to regulate…
More than 60 Saccos have tasked cooperative lobbies with pushing for tax reforms after engaging KRA on sector specific tax challenges. The sector wants tax laws aligned with the member based and not for profit Sacco model, saying current rules do not reflect how cooperatives operate. The proposals now move to lobbying groups, including KUSCCO,…
KRA launches free tax education for women entrepreneurs, chamas and community groups to boost tax compliance and financial management. Training will cover tax registration, filing returns, record keeping and statutory obligations for women led enterprises. Authority reminds chamas and non profits to meet tax obligations, noting that income from commercial activities may be taxable. Thousands…
KRA says it is implementing reforms to build a fair, transparent and predictable tax system that supports business growth. Authority plans to integrate iCMS with iTax and cut eligible VAT refund processing times to under 10 minutes. KEPSA urges KRA to speed up tax dispute resolution and expand Alternative Dispute Resolution mechanisms. The Kenya Revenue…
